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TRUST FUND INSOLVENCY
What? Could your Social Security benefits be cut by $500 a month in 2032? Here's which states face the biggest losses from trust fund insolvencyFor millions of retirees, Social Security is more than a government benefit. It is a lifeline. New projections warn monthly checks could fa...- Byju Raveendran says settlement near after Singapore court contempt orderByju's founder Byju Raveendran announced a settlement in principle with lenders like GLAS Trust and Qatar Investment Authority, following a...
- From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
- Rs 15 lakh PF deducted but not deposited: HC allows criminal case to continue against director of company that turned insolventThe Orissa High Court ruled that a company director will face a criminal case for failing to deposit Rs 15 lakh deducted from employee sala...
- Social Security 2027 crisis update: $190B cuts, $50K benefit cap proposal—are wealthy retirees about to face payment limits now?The Social Security proposal 2026 could reshape retirement payouts fast. New data shows up to $190 billion may be cut in ten years. The pla...
- Social Security COLA 2027 forecast— will monthly benefits truly rise? How much extra money will retirees actually see after inflation and Medicare cuts?Social Security COLA 2027 forecast now points to a 2.8% increase. That means about $50 to $60 more per month for average retirees. It sound...
- After deleveraging Rs 215 crore in debt, JDMEHF bets big on healthcare’s futureUnder Rhitik Jassar, JDMEHF's journey demonstrates disciplined resilience, a quality honed by crisis.
- Is Social Security going broke in 2032? Here’s what new data shows about who will still be paid and who may have to worryIs Social Security going broke in 2032? New data signals a looming trust fund crisis. Benefits will not vanish completely after depletion. ...
- Mahagun Group raises Rs 225 crore from CSL Finance LimitedMahagun Group has secured Rs 225 crore funding from CSL Finance Limited. This capital infusion will accelerate project execution and ensure...
- Millions at risk as CBO warns Social Security’s main trust fund could run out soonerSocial Security’s trust fund is now projected to run out in 2032. That is one year earlier than expected. The Social Security depletion dat...
- Supreme Court: NCLT needn’t probe debt default at plea stageThe Supreme Court has clarified insolvency proceedings. The National Company Law Tribunal only needs to confirm a debt default to admit a c...
- Byju’s-BCCI settlement: SC sets aside NCLAT order on Rs 158-crore disputeThe apex court also overturned the order that closed the insolvency proceedings against Byju’s parent Think & Learn Pvt Ltd, following the ...
- Facing insolvency, Byju's hit with new challenge from lendersByju's CEO Byju Raveendran wants the insolvency quashed as his cofounder brother decided to pay the cricket board, settling the matter. Rav...
- SpiceJet closer to settlement with aircraft lessor Celestial, says formalities remainSpiceJet informed the National Company Law Tribunal (NCLT) that it has settled the matter with aircraft lessor Celestial Aviation, seeking ...
- Adani Power, DAIT get CCI nod to acquire Coastal EnergenThe proposed transaction involves the acquisition of 100 per cent equity share capital of Coastal Energen Pvt Ltd (CEPL) by the acquirers (...
- Pension funds holding distressed Srei's bonds in a spotThe two Srei group companies - Srei Infrastructure Finance and Srei Equipment Finance - have an outstanding of ₹4,730 crore in bonds.
- How amendments in IBC could put Family Trusts in the dock"It is for the creditors to prove that transfer to the trust fund has been done with mala fide intentions. Such transactions are termed as ...
- Banks may target family trusts of loan guarantorsMany of the family trusts created by businesspeople are meant primarily to protect their assets from potential claims related to their comp...
- RCom in danger of landing back in insolvencyIf the tribunal goes ahead with its threat, the payment to Ericsson will be left in the lurch.
- ‘Let RCom use trust fund to pay Ericsson', NCLAT warns lenders of insolvencyRCom requested that Rs 260 crore of tax refunds held in a trust fund by lenders be released on behalf of the telco to pay Swedish telecom g...
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